Kashamu backs down, withdraws N20bn libel suit against Obasanjo
Determined to wriggle out of the extradition net that is threatening to envelope him, Senator Buruji Kashamu has withdrawn the N20billion libel suit he filed against former President Olusegun Obasanjo.
Stakeholders lament non-passage of PIB
“They did not meet my expectation in this regard. I am disappointed! I thought they would pass it, but they did not. What do we do? It means all the reforms that we have been expecting in the oil industry have been postponed.” Olawore explained that the passage of the bill by the House of Representatives was an incomplete exercise, adding that the Senate also needed to pass it before it is harmonised and sent to the President for assent.
Much ado over NNPC probe
When President Muhammadu Buhari, indicated that his administration will probe the $20 billion allegedly missing from the coffers of the government-owned, Nigerian National Petroleum Corporation, NNPC, he appeared to have spoken the minds of many Nigerians. His resolve for the probe stemmed from the allegation by the immediate past governor of the Central Bank of Nigeria, CBN, Sanusi Lamido Sanusi, who said that about $20 billion made from the sale of Nigeria’s crude oil by the NNPC could not be accounted for.
Wike dissolves boards, parastatals
PORT HARCOURT— Governor Nyesom Wike of Rivers State, yesterday, dissolved boards of all parastatals and agencies, leaving that of the Rivers State Waste Management Authority and the Greater Port Harcourt Development Authority. According to a statement by his media aide, Mr Opunabo Nko-Tariah, the governor also promised to complete repair work on Iloabuchi- Eagle high land road in Port Harcourt within the next three weeks.
Pro-democracy group faults EfCC’s fresh charges against Sylva
A pro-democracy organisation, Open Democracy Network, Nigeria, has expressed sadness over the decision of the Economic and Financial Crimes Commission, EFCC, to press new fraud charges against the former Bayelsa State governor, Chief Timipre Sylva, based on a case that had been dismissed by the court.
Edo Election Tribunal grants Akpatason’s request
THE Edo State Election Petitions Tribunal, yesterday, ruled in favour of the candidate of All Progressives Congress, APC and member representing Akoko Edo federal constituency in the House of Representatives, Peter Akpatason, on the motion challenging alleged irregular signatures in the petition against him by the candidate of the Peoples Democratic Party, PDP, Mr Oladele Bankole-Balogun.
